ICICI Prudential Equity Arbitrage Fund Direct Plan Growth - Regular - Latest NAV [ ₹28.551 ], Returns, Performance, Portfolio & Returns 2021

ICICI Prudential Equity Arbitrage Fund Direct Plan Growth

  • highlight
    6.09%
  • highlight
    28.551

Min amount: ₹1,000

Calculate Returns

20 yrs
Rs. 1,000 invested monthly becomes Rs. 4.69 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years6.09%
3 Years5.71%
1 Year4.49%
6 Months2.5%
Fund Details
ISININF109K016O4
RiskLow Risk
Fund TypeArbitrage Fund
NAV28.551
Exit Load0.25% for 31 Days

More about this fundstar

Top HoldingsWeightage
Cash Offset For Derivatives68.32%
Treps13.34%
Net Current Assets4.51%
182 DTB 301220213.96%
Future on Reliance Industries Ltd Shs Dematerialised3.61%
Reliance Industries Ltd Shs Dematerialised3.6%
Future on Tata Steel Ltd.3.5%
Tata Steel Ltd3.49%
Panatone Finvest Limited3.13%
Future on Adani Ports & Special Economic Zone Ltd2.9%

About ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth

The main objective of the scheme is to provide investors with consistent returns by constituting a portfolio which is not affected much by the market volatility. The plan invests across equity and debt securites.

Pros and Cons of ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth

The most significant advantage of investing in this fund is that you gain exposure towards a portfolio constituted by both equity-linked and fixed-income securities. On the flip side, the returns can be curtailed as the fund has restricted exposure towards equities.

Fund Information and Statistics

i) Inception/Launch Date

ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth was launched on 1 January 2013.

ii) Risk Level

ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth has been clubbed under the 'moderately low risk' class of mutual funds.

iii) Redemption

Since ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth is an open-ended mutual fund scheme, you can sell your fund units at any time.

iv) Fund Manager

ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth is currently being managed by Mr Manish Banthia and Mr Kayzad Eghlim.

v) Entry/Exit load

An exit load of 0.25% is payable on redemptions made within a holding period of one month. There is no entry load as per the regulations of the Securities and Exchange Board of India (SEBI).

About ICICI Prudential Mutual Fund

ICIC Prudential Mutual Fund was incorporated in the year 1993 due to a joint venture agreement between ICICI Bank Ltd and Prudential Plc. They also happen to be the sponsors of the fund house. The fund officially registered itself with the Indian securities market regulator with ICICI Prudential Trust Ltd as its trustee. The fund house is now a leading asset management company in India.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

20 yrs
Rs. 1,000 invested monthly becomes Rs. 4.69 Lakhs in a period of 20 years
Low Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns